How does anacs graded coins compare to others

smallchange · March 16, 2011 12:04AM

I just purchased a few SLQ's graded by anacs in the older small holders. They are all AU grades. I have been told that they only bring about 60 percent of the price tha a pcgs or ngc coin would bring. Would it be worthwhile to try to cross them over to pcgs, if idid that i guess i could work on a everymans SLQ registry set, or should i just enjoy them in their anacs holder. I really do like the coins for the gade. Thanks,

Jim

llafoe · March 16, 2011 12:08AM

The same coin brings the most money in an PCGS slab, next most in an NGC slab and substantially less in an ANACS slab. When a coin is slabbed, the reputation of the TPG adds a premium. If your coins are AU58 in ANACS and they grade AU58 in PCGS, your coins will be worth substantially more... if they grade AU50, they'll probably be worth the same.

Do you have any photos of the coins? ANACS has had several owners and consistency in grading depends on which generation slab you own.

BillJones · March 16, 2011 12:22AM

The old ANACS did a decent job with the circulated grades. As you got into the Mint State grades, the divergence in price between ANACS and the “big two” became more evident. There was also a time that few people other than dealers noticed where ANACS got extremely conservative on its grading of U.S. gold coins. The result was more crack-out activity than any benefit to ANACS. As the previous poster wrote old ANACS graded coins are at a market disadvantage the higher you go up the grade scale. The lower you go, they trade at more at par with the “big two.”

I think this probably something to do with the nature of the collectors. Those who collect circulated coins are more interested in the coins and less interested in registry competitions and the like. And to be honest there have been times when the “big two” have not been as conservative as they should have been when they graded circulated material. For that reason ANACS compared with them. BUT when you are talking about high priced, Mint State coins, collectors are more comfortable with the “big two” and will pay higher prices for coins in those holders.

As for the new ANACS, I’ll plead the 5th amendment.

smallchange · March 16, 2011 12:44AM

O.K. tried to post a picture of my coin, hope it shows up.

llafoe · March 16, 2011 12:48AM

If that coin were mine... I'd crack it and submit it to PCGS today.

richardshipp · March 16, 2011 1:05AM

Very Nice.

How about the old ANA slabbed coins? Would you crack this one out and submit it to PCGS?

LindeDad · March 16, 2011 1:13AM

I would not crack either of those slabs but would send them in for cross at grade at least once.

DIMEMAN · March 16, 2011 1:32AM

I have had real good results crossing the old anacs circ grades to PCGS. Most crossed at grade and some higher. Never had one go lower.

Can't say the same thing for NGC.......and I don't consider NGC in the big 2! There's PCGS and everyone else.

IrishMikey · March 16, 2011 1:54AM

Those two coins look pretty nice! The "buy the coin not the plastic" crowd would probably like
both of them. As far as the value of a given service, what Bill Jones said about higher priced
coins is pretty much true. Collector coins tend to trade with a different audience. Nice looking AU type
coins are always in demand, for a variety of reasons, and usually sell for strong prices, as long
as the eye appeal is there.

lcoopie · March 16, 2011 2:01AM

<< <i>Very Nice.

How about the old ANA slabbed coins? Would you crack this one out and submit it to PCGS?

>>

I believe that toning is associated with those old ANA holders.

fivecents · March 16, 2011 2:03AM

I have had the small white ANACS slabs cross and even upgrade at PCGS.

AnkurJ · March 16, 2011 3:22AM

I have had old small anacs holders cross at the same grade at PCGS on multiple occasions.

This coin was in a newer ANACS VF30 holder, its now in a PCGS VF30 holder:

DIMEMAN · March 16, 2011 3:31AM

Nice 1815 half!

Shortgapbob · March 16, 2011 4:55AM

<< <i>I have had old small anacs holders cross at the same grade at PCGS on multiple occasions.

This coin was in a newer ANACS VF30 holder, its now in a PCGS VF30 holder:

>>

I think I owned that coin when it was in the ANACS holder. I thought it should cross then.

How does anacs graded coins compare to others

Comments

Leave a Comment